NFTs are at least independent and won’t disappear if one corporation goes down. Other than that, they’re one and the same, and it’s insane that the same gamers who worship Valve are often the first to bash NFTs.
Sure, but your entry in the block chain that is just a link to nowhere isn’t much more exciting that telling people about the cool skin you once had in a defunct game.
In one instance, you’d have indisputable proof of ownership, but only your word in the other. The former is not that different from money, which is not even paper these days but a record in a database.
NFTs are at least independent and won’t disappear if one corporation goes down. Other than that, they’re one and the same, and it’s insane that the same gamers who worship Valve are often the first to bash NFTs.
Unless it’s the web host for the file, because the nft is just a link. The AWS outage showed that quite clearly.
AWS going down wouldn’t erase the NFT out of existence. Valve closing down would certainly remove every Steam market item.
Sure, but your entry in the block chain that is just a link to nowhere isn’t much more exciting that telling people about the cool skin you once had in a defunct game.
In one instance, you’d have indisputable proof of ownership, but only your word in the other. The former is not that different from money, which is not even paper these days but a record in a database.
Or if someone else buys the domain name and now your fancy url resolves to porn.